📌 $XRP – The decision point and next move is loading 🤔📉
$XRP is currently trading at $2.74, experiencing a significant daily drop of -7.37%. On the 4-hour chart, the price is approaching a critical structure within the MMC framework, as it is compressed under a descending trend line, indicating a potential breakout or breakdown soon.
🔍 Key areas:*
- SR Exchange Zone ($2.95 – $3.05): A dynamic reversal level that acted as resistance and support, with the price retesting it after a pullback.
- BR Supply Zone ($2.93 – $2.98): The ceiling of the current movement, coinciding with the trend line, increasing its strength as resistance.
- Potential Reaction Zone ($2.75 – $2.85): If the price fails to stabilize above SR, we may see a drop targeting this area.
📈 Potential scenarios:
- ✅ _Bullish:_ Break above the trend line + holding above SR Zone = targets at $3.20 – $3.30.
- ❌ _Bearish:_ Rejection at the pivot area + breaking $2.90 = continued downward movement towards $2.75 and possibly $2.40.
🧠 MMC Perspective:
The market is at a clear inflection point between buyers and sellers, where structural footprints support a strong movement coming. The horizontal liquidity pattern indicates the possibility of a "manipulation trap" or institutional liquidity pressure emerging soon.
📌 Summary: XRP is at a sensitive technical moment — either a breakout and rally or a breakdown and continuation of the correction. Watch the interaction with the $2.95 – $3.05 area to determine the next direction.